The Department of Education (DOE) on Wednesday announced the forgiveness of another $4.5 billion in student loans for over 200,000 borrowers at Ashford University, in one of the department’s final moves of the Biden administration.
President Joe Biden and his administration have attempted to clear out a massive amount of student loan debt for Americans who are still paying off their loans after 20 years, though some efforts have been curbed by the courts. However, they have successfully forgiven loans for over 5 million borrowers over the past four years.
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